Anthony Scaramucci Says He’s Found The ‘Smartest Person’ In Crypto
SkyBridge Capital founder Anthony Scaramucci called Strategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor the “smartest person” in the cryptocurrency world on Wednesday. ‘Saylor Will Be ‘Right’ Scaramucci took a selfie with Saylor at the Bitcoin MENA conference in Abu Dhabi and posted on X, saying, “Was looking for the smartest person in crypto here in Abu Dhabi and I think I found him!
When A Scam Sounds Too Real: Victim Ignores Cops And Loses Thousands At Crypto ATM
An elderly woman in Westlake was deceived into depositing thousands of dollars into a cryptocurrency ATM by a scammer. This occurred despite multiple warnings from both police and store employees.
Coinbase Says Crypto Market Poised For Recovery As Liquidity Improves, AI Bubble Concerns Pass
The cryptocurrency market is showing signs of a potential recovery, according to Coinbase Institutional, driven by improved liquidity and a strong possibility of a Federal Reserve rate cut. Reasons For Optimism The potential rebound is attributed to improving liquidity conditions and a significant increase in the likelihood of a Federal Reserve rate cut, which was at 86.2%, according to the CME FedWatch tool, as of Sunday.
Public Companies’ Crypto Strategy Backfires: From 2600% Gains To 86% Losses
Public companies that heavily invested in cryptocurrencies are now facing significant financial losses. The once promising investment strategy has seen share prices plummet, leaving firms grappling with the aftermath.
Kraken Confidentially Files For IPO, Targets $20 Billion Valuation
Kraken has confidentially filed for a U.S. IPO, moving ahead with a long-anticipated public listing as crypto firms race to reach markets before the 2026 midterms. Kraken Moves Ahead After $20B Valuation The filing comes a day after Kraken closed an $800 million round that pushed its valuation to $20 billion, a 33% increase in under two months.